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​Migration, Remittances and Diaspora for Financing for Development

Sonia Plaza's picture

The International Conference: Harnessing Migration, Remittances and Diaspora Contributions for Financing Sustainable Development organized by the Global Migration Group (GMG) will be held next Tuesday and Wednesday May 26-27.

We will stream live to viewers around the globe on the UN Web TV website at: http://webtv.un.org.

The hashtag for the conference is #GMGconference. Use this to refer to the event, make your views known and get the latest discussions and comments from the conference.

Harnessing Migration, Remittances and Diaspora Contributions for Financing Sustainable Development: International Conference organized by the Global Migration Group, May 26-27, 2015, United Nations, New York

Dilip Ratha's picture

The year 2015 marks an important turning point in global development processes as the international community is faced with the challenges and the opportunities of shaping effective strategies to both promote sustainable development and secure its financing. This Conference entitled “Harnessing Migration, Remittances and Diaspora Contributions for Financing Sustainable Development” is taking place against the backdrop of the intergovernmental negotiations at the United Nations General Assembly for the 3rd International Conference on Financing for Development (Addis Ababa, July 13-16, 2015) and the United Nations Summit for the adoption of the post-2015 development agenda (New York, September 2015). To participate in-person please RSVP to supportteam@globalmigrationgroup.org by 20 May 2015.

Help Nepal: Waive the remittance fees, and open the door wider

Dilip Ratha's picture
I was struck by an interview featured in a recent show of CBC Radio One's The Current. Nani Gautam, a live-in caregiver in Canada, was asked how important was the money she sent home to her family in Nepal, especially after the earthquake. “As important as breathing for life,” said Nani, who sends home at least one-third of her earnings every month, month-after-month, for the last five years. Her remittances are even more important now, after the earthquake.

The new European Agenda for Managing Migration: How to find the needle, and not destroy the haystack

Dilip Ratha's picture
Earlier this week, the EU announced a new agenda to address the latest wave of migration through the Mediterranean. Some 30,000 migrants are estimated to have arrived in Europe this year already, and over 1,800 have died in the sea. Last year Syrians and Eritreans were the two largest groups of such migrants. Most of them took to the sea from Libya.

Will nationalization policies in Saudi Arabia impact migrants and remittance flows?

Kirsten Schuettler's picture

Saudi Arabia hosts the largest number of migrants in the Gulf region. The country is the second largest remittance sender after the USA. A new Saudization program since 2011, the so-called “Nitaqat program”, seeks to increase the number of Saudi nationals employed in the private sector. Will this have an impact on migrants and remittance outflows from Saudi Arabia? 

Women Move: Mexican Women and Remittances

Globally, women account for about half of all international migrants and about half of the 21 million immigrants from Latin America and the Caribbean in the US are women. In that region women play a central role as a sender/recipients and managers of remittances. Research in Guatemala has shown that 63 per cent of main remittance recipients are women, while in Colombia; they make up 70 per cent of the recipients[1]. In the case of Mexico a recent remittance study showed that women are the main group benefiting from remittances receiving almost three out of four remittances from the US.

When do irregular migrants go home?

Khalid Koser's picture

The return of irregular migrants, including unsuccessful asylum seekers, is a fundamental aspect of any immigration policy. It removes people who have no right to remain thus reinforcing credibility; frees up the asylum and immigration system for those who are entitled to enter and stay; deters further irregular entrants and stayers; and reduces costs associated with detention and social welfare.

At the same time any return programme should respect the rights and dignity of the migrants concerned. International law proscribes sending people back to a country where their life may be at risk, for example. Equally, forced return carries significant political, social and financial costs. Ideally irregular migrants should therefore return home voluntarily.

Remittances by migrants will slow but remain large in 2015; big potential for leveraging remittances for development financing

Dilip Ratha's picture
Growth in global remittances, including those to developing countries, will slow sharply this year due to weak economic growth in Europe, deterioration of the Russian economy and the depreciation of the euro and ruble, says the latest issue of the World Bank’s Migration and Development Brief, which we have released today.
 

It’s time to repeal the remittances “Super Tax” on Africa

Dame Tessa Jowell's picture

Remittances are the shining light of development policy. While debate rages in austerity-hit Western capitals about spending on aid, remittances cost tax-payers nothing. Remittances to developing countries are worth nearly half a trillion dollars – that’s three times the level of aid – and they’re rising fast, quadrupling since the turn of the century. And remittances work. It’s hard to imagine a more efficient targeting system than people sending money home to their own families and the facts bear that out; remittances are linked to improved economic, health and education outcomes. And as if those benefits weren’t enough, remittances are a huge driver of financial inclusion, acting as a gateway to banking for the people sending and receiving them.

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